Torrent Capital (CVE:TORR) Stock Price Up 8.5% – Here’s What Happened

Torrent Capital Ltd. (CVE:TORRGet Free Report) shares rose 8.5% on Tuesday . The company traded as high as C$0.64 and last traded at C$0.64. Approximately 15,500 shares were traded during mid-day trading, an increase of 22% from the average daily volume of 12,656 shares. The stock had previously closed at C$0.59.

Torrent Capital Trading Up 1.6 %

The business’s 50 day moving average price is C$0.57 and its two-hundred day moving average price is C$0.56. The company has a market capitalization of C$16.38 million, a price-to-earnings ratio of -10.67 and a beta of 0.76.

About Torrent Capital

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Torrent Capital Ltd. operates as an investment company, primarily invests in the securities of public and private companies. It also focuses on the construction of port infrastructure; and provision of services and equity ownership in businesses that support aquaculture, renewable energy, and oil and gas sectors, as well as other port developments.

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